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1 bed Flat For Sale £58,500
Ashley Court, Hall Street, Swinton, Manchester M27


Description
Earn instant income on this already tenanted investment opportunity - cash buyers only! This excellent one bedroom apartment is located just 15 minutes from Manchester city centre, enquire today to avoid disappointment.

This wonderful one bedroom apartment comprises of; entrance hallway leading to a spacious lounge and double glazed windows to the front; fully fitted kitchen with all appliances included; three piece family bathroom with shower over bath; double bedroom with double glazed window. This apartment is located on on the top floor, and comes with secure parking.

Being just a short 15 minute journey to Manchester city centre, Ashley Court apartments are in the ideal location for commuters and working professionals. The entirety of Manchester's city centre and beyond is within easy reach from this property, with Victoria train station/Metrolink station being less than 20 minutes away. Manchester is renowned for its range of entertainment, rich history and culture with an abundance of cinemas, live entertainment venues and museums - it's easy to see why Manchester is one of the fastest growing cities in Europe.

Manchester's high rental yields, growing demand and capital growth are just a few reasons why it has been named one of the UK's best buy-to-let hotspots. Between July 2017 and July 2018, Manchester’s property prices rose by 5.6% and are expected to rise a further 18.1% by 2022. Manchester's growing population ensures that there will always be high demand for rental properties. Now is the perfect time to invest in this vibrant and exciting city.

Please note: Images shown are of a similar apartment and may not be representative of the property for sale.

Financial Breakdown

Gross rent: £5,520
Ground rent: £53
Service charge: £2,300
Lettings fees: £524
Net income: £2,643
Gross yield: 9.44%
Net yield: 4.52%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-16539

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